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Asian Economic News

Japan Leading Index Rises As Expected In April

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The leading index for Japan, which measures the future economic activity, increased as expected in April, preliminary figures from the Cabinet Office showed Friday.

The leading index rose to 107.2 in April from 106.0 in the previous month. The latest reading matched economists' expectations. This was the second consecutive rise in the index reading.

The latest reading marked the highest since March 2014, when the score was 107.5.

The coincident index that reflects the current economic activity increased to 111.1 in April from 109.2 in March. This was the first increase after two consecutive declines.

The lagging index, which indicates the past economic activity, came in at 121.4 in April, up from 118.8 in the preceding month.

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